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Key takeaway: A majority of Supreme Court Justices appeared willing to undo a nearly century-old precedent underpinning the notion of independent regulatory agencies. Expert quote: “Humphrey’s must be overruled. It has become a decaying husk with bold and particularly dangerous pretensions. It was grievously wrong when decided and cases [in recent years] have thoroughly eroded […]

Forward look: Home BancShares CEO John Allison said Mountain Commerce Bank will serve as a platform for future Tennessee expansion.  Supporting data: Allison ranked Tennessee as one of the most attractive markets in the country along with Texas and Florida, where Home already has a presence.  Expert quote: “Given the current regulatory environment, we would

Mortgage rates dropped almost 50 basis points in the third quarter, prompting more borrowers to refinance and retention rates on those customers to hit a three-and-a-half-year high, new industry data showed. Refinance retention reached 28% last quarter, the highest percentage since early 2022, and servicers held onto more than half of borrowers refinancing out of